October 24, 2020
  • 8:29 am Gun insurance may help curb shootings
  • 8:25 am GE should expand its applicant pool
  • 8:24 am Letters to the Editor for Monday, June 10
  • 1:33 am Niche market
  • 1:33 am Better the devil you know

first_img SHARE Email Facebook Twitter Governor Wolf Announces Consumer Financial Protection Initiative November 12, 2015center_img Economy,  Efficiency,  Government That Works,  Press Release,  Results,  Seniors Harrisburg, PA – Today, at the opening of the Ann B. Barshinger Financial Empowerment Center, Governor Wolf announced a consumer financial protection initiative.“Today, I am announcing the administration’s Consumer Financial Protection Initiative in order to educate the public about financial protection and best practices in a concise, efficient way,” said Governor Wolf.Secretary Robin Wiessmann began consolidating roles and breaking down institutional silos within the Department of Banking and Securities, looked at new ways to get things done, and developed new and more effective ways to meet consumer needs for financial education.During this process, Brian LaForme who is the director of the Department of Banking and Securities outreach program, took office and staff from within the department, consolidated and integrated their work into a new “Financial Services for Consumers and Business” division.The initiative, which is part of Governor Wolf’s “Government that Works” tour, has four goals.The first goal is to help protect consumers from illegal, “easy money” types of lending from out-of-state companies. These predatory loans, which are heavily advertised on the Internet, might seem appealing during the cash crunch of the holidays, but they can create huge financial hangovers for the borrower in the new year.Working cooperatively with PennDOT, the Department of Banking and Securities will shortly begin sharing information from trusted sources with consumers who are at risk of losing their cars to companies offering “easy money” loans using car titles as collateral.Secondly, this initiative will help health care and legal professionals identify signs of elder financial abuse and prevent this crime. As our commonwealth population grows older, more of our senior citizens are at risk of having their hard-earned retirement savings stolen.Working with the Investor Protection Trust and the Department of Aging, the Department of Banking and Securities will be stepping up efforts to reach the professional communities our seniors most depend upon with information and resources to help them better cope with this threat to our community of senior citizens.The third goal is working to find new ways to help working adults save for their retirements. Not enough people in this country currently facing retirement have saved enough money to have the kind of retirement they want.The Department of Banking and Securities is working on creating awareness of existing tools that working adults can use to create the kind of nest eggs they need. The department is also looking for and studying new approaches for consumers to ensure their financial futures in retirement.Finally, this initiative works to establish a state government interagency financial education exchange for consumers. More than a dozen Pennsylvania state agencies offer some form of financial education and consumer outreach. Until now, these agencies have not shared information with each other about what services they offer consumers or even what information they share with consumers.This exchange will help ensure that state agencies work in a coordinated fashion. For instance, if you call the Banking Department on an issue actually related to, say, insurance or unemployment compensation or taxes, you will actually get referred to the right agency that can answer your question. This exchange will help ensure that state agencies will not distribute potentially conflicting information with consumers.This exchange is working to create a portal of information from trusted sources — a “one-stop shop” for help on financial services and products.Earlier this year on the “Government that Works” tour, Governor Wolf gave remarks at the opening of Hulton Bridge, signed an executive order designed to correct the course of the Commonwealth with respect to state contracting opportunities for small diverse businesses, announced a plan to enhance the health insurance coverage available to all Pennsylvania children enrolled in the Children’s Health Insurance Program (CHIP) and instituted online voter registration.# # #Like Governor Tom Wolf on Facebook: Facebook.com/GovernorWolflast_img read more

READ MORE

first_img Newsroom GuidelinesNews TipsContact UsReport an Error Lakers practice early hoping to answer all questions The Lakers’ return to greatness – or, at least, goodness – continues, wobbly as it is.The team went six games over .500 last week for the first time in six seasons. Not that it was met by rejoicing.In keeping with the ongoing transition from last season’s team of young prospects to next season’s with multiple superstars (they hope), there was more finger-pointing, er, focus, on which Lakers might not fit with LeBron James.Lonzo Ball? How athletes protesting the national anthem has evolved over 17 years Trail Blazers, Grizzlies advance to NBA play-in game; Suns, Spurs see playoff dreams dashed Unfortunately, when Johnson upbraids his coach and it gets out in decibel-by-decibel detail – and then says Luke “will finish the season” in the closest he comes to reassuring anyone – the press will assume Magic will blame Luke for anything else that goes wrong and “Walton Under Pressure” headlines will bloom like spring flowers.Internet pundits who have never been to a Lakers game will say Luke has “lost the team”– Gee, I had it here a minute ago – a cliche that’s meaningless with players continually sniffing the air to see who management is and isn’t backing, but suggests inner-circle intimacy.Good luck, Lakers. You’re all going to need it.center_img Lakers, Clippers schedules set for first round of NBA playoffs AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREUCLA alum Kenny Clark signs four-year contract extension with PackersBrandon Ingram?Surely not the recent arrivals, Make ’Em Dance Lance Stephenson, No More Travail JaVale McGee or Ragin’ Rajon Rondo?None of them?Chaotic as it seems with saturation coverage of LeBron teams, the Lakers have to do this, in the rare and thrilling position of reinventing themselves as in days of yore.Lakers management is definitely excited about something. In-the-loop Kobe Bryant used his appearance at last week’s all-access event to taunt two-time defending champion Golden State (“We’ll be champions before you know it and then we’ll just be laughing at all the Warrior fans, who all of the sudden came out of nowhere.”) The dumb part, of course, would be thinking you can arrive at any conclusions about who fits with LeBron at this point.There’s an intelligent answer to all the questions now posed daily: “We’ll see.”Young players run hot and cold, especially in the all-important 3-point shooting that decides who fits with whom.These decisions are hard. The Lakers had Julius Randle for three full seasons (and a fourth in which he played one game) before letting him walk last summer, thinking he would be a bad fit with James (which, I should note, I agreed with).That left them with nothing to show for their 2014 lottery pick and four-year investment, and they can now see Julius tearing it up in New Orleans, even if he still doesn’t go right or make 3-pointers.There’s an important lesson that no one is in a hurry to tell you:It’s really easy to be wrong about this stuff.Before writing off anyone else for failing the LeBron test, let’s take a closer look at some old faves now under the gun:Brandon IngramNo, really.At last season’s end, the Lakers considered him their best, hardest-working, most grown-up young player.If it was true then, it should be true now, but doubt entered in as soon as he leveled off, early as it is, with arch-supportive Coach Luke Walton acknowledging, “We need him to get better, he knows that.”Since Magic Johnson called Luke out even earlier – the seven-game mark – you begin to see the pressure they feel, from Magic down.Ingram’s drop from 16 points per game to 15 is no biggie with the arrival of a 25-point-per-game scorer. On the other hand, Ingram’s 3-point shooting, which zoomed from 29 percent to 39 percent last season, has wilted to 32 percent.With James, a ball dominator but willing passer who draws defenses, nothing is handier than teammates who make open shots.(Of course, that’s the approach the Lakers resisted to build a better defense – an ongoing challenge as suggested by Friday’s 133-120 loss in San Antonio – and had better rethink.)Sign up for Home Turf and get exclusive stories every SoCal sports fan must read, sent daily. Subscribe here.In LeBron Team style, the questions about Ingram became a media pile-on that included an esoteric NBA.com stat measuring the effectiveness of two-man combinations.With James and Ingram, the Lakers’ offensive rating is a mere 0.4 points per possession higher than their defensive rating.This dovetailed with an unnamed scout telling ESPN that James and Ingram were “not working.”On the other hand, there’s a question of how well any of the Lakers’ top prospects work with James.Going into the weekend, the LeBron-Kyle Kuzma tandem had a mere plus-2.4 net.LeBron and Ball had a 2.7.The best rating for any young Laker with James was 9.4 for LeBron and darkhorse Josh Hart.The Lakers’ three highest net ratings were all with 36-year-old Tyson Chandler, alongside Hart (18.8), Kuzma (17.7) and James (15.6).If you can see why Chandler has taken minutes from McGee, you wouldn’t want the Lakers to bring in a lot more 36-year-olds.Personally, I prefer less-esoteric, more meaningful Old School stats like shooting percentage. Believe this: LeBron and Ingram will work a lot better if Brandon goes back to knocking down 3-pointers.Brandon’s track record suggests he will, but time will tell in 100 percent of cases.Lonzo BallIf it was Ingram’s turn in the barrel last week, it was Lonzo’s the week before.Lakerdom has seen Ball sparkle when he makes 3-pointers and takes the ball to the hoop … and disappear when he’s too deferential.Unfortunately for Lonzo, he has to do this the hard way – amid expectations, sharing his job with Rondo, when healthy, and sharing his playmaker role with James.Insiders say LeBron understands this is a transition, but the expectations pressing so heavily on them all press first and foremost on him. Last week, James told Yahoo’s Chris Haynes he had almost “cracked” under the pressure.James responded by taking over, averaging 32.5 points during the recent four-game winning streak.However, that comes at the expense of Ball’s opportunities, with Lonzo scoring 2-10-7-14 during the streak with assist totals of 4-4-4-9, while going 4 for 16 on 3-point attempts.Luke WaltonI thought pulling last season’s young team out of an 11-27 start to finish 23-20, with ownership doting on him, would earn him a full season of support in this rolling experiment, no matter how bumpy it got.I was wrong. Johnson went off on him after a 2-5 start. Of course, they’re 13-4 since.Related Articles Trail Blazers beat Grizzlies in play-in, earn first-round series with the Lakers last_img read more

READ MORE